Group Trust Note 2023 2022 2023 2022 $’000 $’000 $’000 $’000 Non-current assets Investment properties 4 4,543,213 4,909,377 – – Plant and equipment 5 2,155 2,979 – – Subsidiaries 6 – – 2,866,926 2,941,302 Financial derivatives 7 15,573 41,559 15,573 41,559 Other receivables 8 1,073 1,204 – – 4,562,014 4,955,119 2,882,499 2,982,861 Current assets Non-trade amounts due from subsidiaries 6 – – 1,897 4,390 Financial derivatives 7 4,654 2,805 4,654 2,805 Trade and other receivables 8 24,444 37,134 647 173 Cash and cash equivalents 9 243,464 231,048 1,208 2,157 272,562 270,987 8,406 9,525 Assets held for sale 10 161,183 – – – 433,745 270,987 8,406 9,525 Total assets 4,995,759 5,226,106 2,890,905 2,992,386 Current liabilities Trade and other payables 11 147,239 130,671 47,020 42,655 Security deposits 48,268 49,161 – – Interest-bearing borrowings 12 131,008 326,140 109,468 283,765 Lease liabilities 13 41 4,997 – – Provision for taxation 10,768 6,472 – – 337,324 517,441 156,488 326,420 Liabilities held for sale 10 30,657 – – – 367,981 517,441 156,488 326,420 Non-current liabilities Financial derivatives 7 5,349 825 5,349 825 Other payables 10 6,955 6,969 111,630 – Security deposits 49,183 57,020 – – Interest-bearing borrowings 12 1,820,076 1,619,800 1,495,588 1,405,048 Lease liabilities 13 – 138 – – Deferred tax liabilities 14 329,449 340,871 – – 2,211,012 2,025,623 1,612,567 1,405,873 Total liabilities 2,578,993 2,543,064 1,769,055 1,732,293 Net assets 2,416,766 2,683,042 1,121,850 1,260,093 Represented by: Unitholders’ funds 15 2,039,854 2,306,231 1,022,240 1,160,483 Perpetual securities holders 16 99,610 99,610 99,610 99,610 Non-controlling interests 17 277,302 277,201 – – 2,416,766 2,683,042 1,121,850 1,260,093 Units in issue (’000) 16 1,688,862 1,673,893 1,688,862 1,673,893 Net asset value per Unit attributable to Unitholders ($) 1.21 1.38 0.61 0.69 STATEMENTS OF FINANCIAL POSITION As at 31 December 2023 The accompanying notes form an integral part of these financial statements. ANNUAL REPORT 2023 153 Financials Framework Portfolio Performance Leadership Overview
RkJQdWJsaXNoZXIy NTkwNzg=